ThinkMarkets Unveils New Algo and Auto Trading Solution
- ThinkZero caters to the needs of algorithmic and automated traders.
FCA-regulated ThinkMarkets, a multi-asset brokerage offering Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, CFDs and commodity products, today unveiled a new package of customized algorithmic and automated trading solutions. Dubbed ‘ThinkZero,’ the new product encompasses the firm’s trading technology and order management system to provide low spreads and fast order Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term on a wide array of financial derivatives.
The offering provides access to the firm’s transaction messaging systems and enables users to connect with counterparties across the globe in less than 15 milliseconds.
“The high-end performance has been supported by ThinkMarkets’ dedicated Network and Software engineering teams; upgrading the operating software to the latest industry standards and deploying real-time latency surveillance and monitoring systems that are dynamically managed for best results,” the company says.
ThinkMarkets Expands to South Africa
The new enhancements come at a time when automated trading has permeated the market to a higher degree – ThinkZero initiative will help support current automated robot traders, incentivizing them switch over to ThinkMarkets’ relevant services, which already enables users to utilize a wide range of strategy building tools at their disposal, including charting indicators and pattern recognition tools, among others.
Commenting on the news, Nauman Anees, Co-founder and CEO of ThinkMarkets, said: “The nuts and bolts of high-quality financial trading products are simply; pricing, speed, and quality of order-execution. These are crucial requirements for our traders, and we have always given this aspect of our offering the most time and resource."
ThinkMarkets (formerly ThinkForex) is a multi-licensed online forex brokerage firm, authorized and regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Just today, the firm has expanded its global footprint through its newly licensed South African firm.
FCA-regulated ThinkMarkets, a multi-asset brokerage offering Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, CFDs and commodity products, today unveiled a new package of customized algorithmic and automated trading solutions. Dubbed ‘ThinkZero,’ the new product encompasses the firm’s trading technology and order management system to provide low spreads and fast order Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term on a wide array of financial derivatives.
The offering provides access to the firm’s transaction messaging systems and enables users to connect with counterparties across the globe in less than 15 milliseconds.
“The high-end performance has been supported by ThinkMarkets’ dedicated Network and Software engineering teams; upgrading the operating software to the latest industry standards and deploying real-time latency surveillance and monitoring systems that are dynamically managed for best results,” the company says.
ThinkMarkets Expands to South Africa
The new enhancements come at a time when automated trading has permeated the market to a higher degree – ThinkZero initiative will help support current automated robot traders, incentivizing them switch over to ThinkMarkets’ relevant services, which already enables users to utilize a wide range of strategy building tools at their disposal, including charting indicators and pattern recognition tools, among others.
Commenting on the news, Nauman Anees, Co-founder and CEO of ThinkMarkets, said: “The nuts and bolts of high-quality financial trading products are simply; pricing, speed, and quality of order-execution. These are crucial requirements for our traders, and we have always given this aspect of our offering the most time and resource."
ThinkMarkets (formerly ThinkForex) is a multi-licensed online forex brokerage firm, authorized and regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Just today, the firm has expanded its global footprint through its newly licensed South African firm.